(1) The designated authority may administer repayments to persons through the systems and facilities of the credit institution concerned.

(2) The designated authority may make a repayment without an application.

(3) The designated authority may make a repayment directly into an account maintained by another credit institution.

(4) The designated authority may make a repayment without fully, or at all, investigating the merits or amount of the relevant claim where, in its opinion -

(a) the costs of such an investigation would be reasonably likely to exceed the amount of the repayment,

(b) it is reasonable to make the payment without any such investigation in the interests of the proper and orderly administration of these Regulations, and

(c) the claim is an eligible deposit.

(5) Where the designated authority provides funds to pay persons maintaining eligible deposits, the person to whom the funds are provided shall furnish the Bank with evidence that those payments have been made.